ERIC Number: ED483783
Record Type: Non-Journal
Publication Date: 2004-Jan
Reference Count: 0
Options For General Education To Limit Revenue Disparities. Report To Legislature: As Required By Minnesota Statutes 2003, Section 127A.51.
Minnesota State Department of Education
Minnesota Statutes 2003, Section 127A.51, reads as follows: Section 127A.51 Statewide average revenue. By October 1 of each year the commissioner must estimate the statewide average adjusted general revenue per adjusted marginal cost pupil unit and the disparity in adjusted general revenue among pupils and districts by computing the ratio of the 95th percentile to the fifth percentile of adjusted general revenue. The commissioner must provide that information to all districts. If the disparity in adjusted general revenue as measured by the ratio of the 95th percentile to the fifth percentile increases in any year, the commissioner shall recommend to the legislature options for change in the general education formula that will limit the disparity in adjusted general revenue to no more than the disparity for the previous school year. The commissioner must submit the recommended options to the education committees of the legislature by January 15. The October 2003 calculations under Minnesota Statutes 2003, Section 127A.51, given in the table below, show an increase in the projected ratio of the 95th percentile to the fifth percentile of adjusted general revenue from 1.186 in FY 2003 to 1.206 in FY 2004. While the 1.206 ratio projected for FY 2004 is lower than in any year between FY 1992, when these calculations were initiated, and FY 2001, it exceeds the ratio computed for FY 2003 and therefore triggers the statutory requirement for the commissioner to "recommend to the legislature options for change in the general education formula that will limit the disparity in adjusted general revenue to no more than the disparity for the previous school year".
Descriptors: Income, General Education, Funding Formulas, Educational Finance, Expenditure per Student, Resource Allocation, Educational Equity (Finance), State Aid, School District Wealth, State Legislation
Minnesota Department of Education, 1500 Highway 36 West, Roseville, MN 55113-4266. Tel: 651-582-8828; Fax: 651-582-8878.
Publication Type: Numerical/Quantitative Data; Reports - Descriptive
Education Level: N/A
Authoring Institution: Minnesota State Dept. of Education, St. Paul.